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Microsoft Is Testing an Ethereum Wallet in Its Edge Web Browser

Microsoft Is Testing an Ethereum Wallet in Its Edge Web BrowserMicrosoft, the software conglomerate, has introduced an Ethereum-based cryptocurrency wallet in the testing version of its Edge web browser. The new feature, which software sleuth Albacore discovered, is named “Crypto Wallet” and would allow users to store and transact Ethereum and Ethereum-based tokens in a non-custodial way, acting like a Metamask clone. Microsoft Introduces Ethereum […]

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Microsoft Working on New Ethereum Wallet Amid Foray Into Crypto and NFTs: Report

Microsoft Working on New Ethereum Wallet Amid Foray Into Crypto and NFTs: Report

Tech titan Microsoft is reportedly working on a new feature that enables users to send and receive crypto assets through its default web browser. First reported by BleepingComputer, software documenter Albacore shared screenshots of a new Ethereum (ETH) wallet that Microsoft is planning to integrate into its Edge browser.  “Newest in the gauntlet of questionable […]

The post Microsoft Working on New Ethereum Wallet Amid Foray Into Crypto and NFTs: Report appeared first on The Daily Hodl.

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Microsoft reportedly testing Edge browser web3 wallet integration

The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge.

Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser.

In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed Edge user interface (UI) screenshots showing the early stages of the firm’s new Web3 wallet.

“Newest in the gauntlet of questionable upcoming Microsoft Edge features, a crypto wallet not really sure how to feel about this kind of thing being baked into the default browser,” Albacore pessimistically noted.

The first screenshot is of an introductory page to the Edge wallet, with Microsoft seemingly noting that: “we encourage you to test our first Web3 wallet and provide candid feedback along the journey.”

If found to be true, it appears that the wallet will be non-custodial with Microsoft having no access to passwords and recovery keys, while it will also be “embedded in Edge” as opposed to being an installed browser extension.

The accompanying screenshots show the ability to swap, send and buy crypto assets, with crypto exchange Coinbase and Web3 infrastructure firm MoonPay displayed as integrated  “platforms that help you purchase and deposit crypto to your wallet.”

In terms of NFTs, the UI simply states: “browse different marketplaces to find your first NFT, as you build your collection of NFTs, we’ll organize them here.”

The potential move from Microsoft marks another recent effort to significantly ramp up the offerings and capabilities of Edge, which has generally lagged behind competitors such as Google’s Chrome and Apple’s Safari in terms of popularity.

Related: Ankr partners with Microsoft to offer enterprise node services

On Feb. 7, Microsoft announced the integration of artificial intelligence (AI)-powered search engines and chat via OpenAI’s ChatGPT as part of new upgrades to both its Bing and Edge browsers.

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Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing VisaAfter dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value, […]

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Web3 Crypto Project Explodes 80% Amid Surprise Partnership With Microsoft

Web3 Crypto Project Explodes 80% Amid Surprise Partnership With Microsoft

A cryptocurrency that aims to boost the Web3 economy is exploding after a surprise partnership announcement with tech giant Microsoft. Blockchain infrastructure project Ankr Network (ANKR) has rallied by 80% in the last 24 hours on the heels of a big announcement to partner with Microsoft to offer enterprise node services. “Microsoft is now in collaboration […]

The post Web3 Crypto Project Explodes 80% Amid Surprise Partnership With Microsoft appeared first on The Daily Hodl.

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Ankr partners with Microsoft to offer enterprise node services

The partnership will offer low-latency blockchain connections for Web3 projects, enabling developers to focus time on scaling their applications.

Microsoft has partnered with decentralized blockchain infrastructure provider Ankr to provide a novel node hosting service on the Microsoft Azure Marketplace. In addition, the partnership will see an integration of technology from both companies, pairing Ankr’s blockchain infrastructure with Microsoft’s cloud solutions.

Per Ankr, the enterprise node deployment service will offer low-latency blockchain connections for Web3 projects so that developers can instead spend their time scaling their applications. The service relays transactions, deploys smart contracts and can read or write blockchain data.

By upgrading its load balancer to use Azure-based routing solutions, Ankr said the firm would be able to further scale its transactions processes by efficiently routing Remote Procedure Call requests to the best-suited nodes. With the technological integration, clients will be able to manage node hosting solutions with the choice of custom specifications for memory, bandwidth and global location for blockchain nodes. Chandler Song, co-founder and CEO of Ankr, commented on the development:

“The partnership, while an incredible milestone for Ankr, is also a key indicator of how far the decentralized web has come in integrating with the crucial players in every layer of web systems. The end result will be an era of extremely prolific building for blockchain-based applications from new Web3 projects as well as large enterprises entering the space.”

Rashmi Misra, Microsoft’s general manager of artificial intelligence and emerging technologies, stated, “Many developers and organizations are exploring how Web3 can help solve real-world business challenges, and our partnership with Ankr will enable them to access blockchain data in a reliable, scalable, and secure way.”

Cointelegraph previously reported on May 14, 2021, that Microsoft shut down its Azure Blockchain Service with no official explanation. On Dec. 15, 2022, the American technology giant banned cryptocurrency mining on its cloud services, citing the need to protect its online services from risks such as cyber fraud, attacks and unauthorized access to customer resources. 

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Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisions

Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse DivisionsAccording to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended reality division, while Bytedance is also planning to cut staff in Pico, its metaverse […]

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Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group

Microsoft Reportedly Shutting Down Industrial Metaverse Focused GroupSoftware giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. According to reports, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, as part of the 10,000-person layoff rounds announced in January. Microsoft Reportedly Terminating Industrial Metaverse […]

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Recruiting Agencies in Japan Are Turning to the Metaverse

Recruiting Agencies in Japan Are Turning to the MetaverseThe metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate and review the job previews available in different booths controlled by several companies. Japan […]

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Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023

Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 […]

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